
Real Estate: Buyers’ Market + Mortgage Rate Volatility
Real estate market shifts favor buyers with increased inventory and competitive pricing. Mortgage rates see volatility, impacting refinance applications amidst economic data uncertainty.
Real estate market shifts favor buyers with increased inventory and competitive pricing. Mortgage rates see volatility, impacting refinance applications amidst economic data uncertainty.
Home sales are expected to rise by 9.2% in 2026, driven by modest renovations and easing mortgage rates. Affordability remains a key factor, with significant regional disparities. Real estate agents face a challenging market.
July's economic index is forecasted at 95.4. Data releases, the Fed's meeting, and trade deal deadlines will reveal the economy's health. Home sales, mortgage applications, and consumer confidence are key indicators.
Builder confidence is declining due to rising mortgage rates and economic uncertainty. Housing permits are down, especially in the South and West, signaling a potential market slowdown. Price cuts are increasing.
Housing market faces rising listings and economic concerns. Customer confidence is low, influenced by mortgage rates and economic worries. Experts suggest market could slow even if mortgage rates decrease.
Mortgage rates fluctuate amid bond market volatility. Home loan applications drop. Sellers & buyers must be strategic in the changing market. Inventory rises, home touring slows.
Sales in the Midwest were especially strong, rising 19.2% on a year-to-date basis, noted Jing Fu, director of forecasting at the National Association of Home Builders.